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by the obama administration, which blocked progress of the project a year ago. superstorm sandy is taking a toll on corporate america. verizon blamed its $4.23-billion loss on storm costs. travelers insurance company turned a $394-million profit, but that was down from $618 million last year because of hurricane- related expenses. and delta airlines, which cancelled nealry 20,000 flights, had a net income of $7 million, off $425 million from a year earlier. despite near constant pleas for more revenue, the u.s. postal service is being investigated for runaway travel spending. the report comes from the postal service's office of the inspector general and finds that the agency overpaid employee travel expenses by more than $1 million. additionally, it claims that employees used government-issued travel cards for personal travel. the postal service has agreed to the watchdog's recommendations. feeling pressure after the newtown shootings, groupon is halting all gun-related deals. the daily deals company says it is responding to customer pressure and has canceled all planned any existing disc
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